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Ehsaan Moosa on load shedding and market volatility

CFO Talks

Komatsu supplies mining, construction, earthmoving and utility equipment all industries especially hard hit by power cuts. In particular, mining and quarrying, and construction saw negative economic growth for 2022. However, as a modern CFO, you cannot only rely on your IFRS textbook or your technical abilities.

IFRS 98
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204: Ehsaan Moosa

CFO Talks

Komatsu Africa supplies mining, construction, earthmoving and utility equipment in Southern Africa. Ehsaan, I’ve seen many of Komatsu’s excavators, bulldozers and dump trucks at mining and construction sites. It’s quite a big business and operates from a R1.3 billion industrial complex in Johannesburg. Ehsaan is a Chartered Accountant.

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Modernising finance reporting in support of ESG

Future CFO

To thrive in this evolving regulatory landscape, CFOs must expand their function’s operating models beyond financial statements and construct a more holistic view of their organisation’s sources of value — one that measures and monetises financial and nonfinancial capital. Clearly, CFOs and the finance function have a big role to play here.

Finance 59
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Navigating South Africa’s Reporting Maze: What Every CFO Needs to Know

CFO Talks

These include the Companies Act, the Tax Administration Act, the Financial Sector Regulation Act, and the International Financial Reporting Standards (IFRS), among others. Practical Example: A construction company aiming for a large government tender must ensure its B-BBEE compliance level is up-to-date and accurately reported.

CFO 83
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Using Specialists for Revenue Recognition and Quote-to-Cash Projects Can Increase Value and Lower Risk

Bramasol

Or if the construction of your dream home encounters issues with soil stability in an earthquake prone area, your general contractor can be expected to bring in a trained geological specialist to deal with the situation. The Five Step model remains the basic guideline, however the process of performing each step has become more complex.

SAP 62
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The Number One Problem With Selling a Business

Focus CFO

GAAP or IFRS based. If you are a manufacturer or in construction, you need good cost accounting records. GAAP or IFRS standards in order to maximize the value of the company. These are most likely accrual basis financial statements. You need to have good internal controls, written process and procedures in place.

Numbers 52
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Stronger momentum needed for sustainable financing in Southeast Asia

Future CFO

Lim says the growth was from the built environment and energy transition to support the construction of new green buildings, improvements to existing buildings and smart city infrastructure development across Southeast Asia. "In

Finance 52